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Oracle Cuts 21,000 Jobs in One Year, Blames AI for at Least Some

November 30, 2019 | Gizmodo AI
Oracle Cuts 21,000 Jobs in One Year, Blames AI for at Least Some
Over the past year, Oracle has cut 21,000 jobs, according to an SEC filing. Part of the reason is apparently AI. As published on Stock Titan, the filing says “the adoption and deployment of AI technologies across our operations have resulted, and may continue to result, in reductions to our workforce.” The relevant paragraph begins with bolded text reading, “Our periodic workforce restructurings and reorganizations can be disruptive,“ which certainly seems